Council paid €800k/acre on floodplain

Kerry County Council paid up to €800,000 to acquire an acre of land on a Listowel floodplain for social housing as recently as 2008.

And in west Kerry, near the village of Ballyferriter, close to €1m was paid by the county council’s housing department for less than two acres of land, and over €504,000 was paid for a further one-acre site.

The prices were released this week to county councillors in Kerry.